It pays to shop around”That was a number based on the average of several free online morgtage estimators.

Another of the concepts that was talked about a lot in that field was the idea of dollar cost averaging.

I dug a little deeper in to the city code and it looks like there's a 100% density bonus for 'micro-units' that average a total of 600sqft.

How much does adding one bedroom, in this case 2, increase the homes value in a city where the average rent per room is around 375 a month?

What I found when I looked at the profits vs a 30 yr mortgage was, that I would put an average of $2,200/yr more per property back in my pocket with a 30 yr mortgage.

For conventional, that's slightly higher than average.

.- what-separates-those-who-succeed-from-those-who-fail https://www.biggerpockets.com/...If that's not enough, ping me and I'll give you a whole collection of blogs and podcasts to follow.Bonus 2: 1) Read at least one hour per day every single day.2) Remember the quote by Jim Rohn "You are the average of the five people that you spend the most time with."3) Check for toilet paper before sitting down.

After making myself nuts with complicated spreadsheets I now use very simple math because for the average me - it doesn’t matter. some of the inputs depend on being right in the past and future - like vacancy.

U.S. average is closer to $4k, but this is very local.Most lenders require 6-months seasoning before they will lend based on a new appraisal.Your vacancy, repairs, and CapEx are all very low.

@Kevin OBrien I'd look at what an average house is renting for that is say 2,000 sqft then see what a similar house can be purchased for and do the math on a best case scenario, that will take out most of the people who are being unrealistic unless you are in a cheap market.